• Phone: +38 0 676 54 03 77

Extended deadline for settlements of exports and imports to 120 days.

Extended deadline for settlements of exports and imports to 120 days.

Posted in News.

On July 29, 2016 shall come into force by the National Bank of Ukraine “On amendments to some legislative acts of the National Bank of Ukraine” dated 07.28.2016 p. number 361, which provides:
extension of the deadline for settlements of exports and imports of goods from 90 days to 120 days;
facilitating conditions for payments for import contracts of clients, including advance payments. So far, banks have used only Letter of credit if the payment amount exceeds $500 thousand dollars. Now extend this requirement only for payments in excess of $ 1 million;
providing banks under certain conditions, opportunities to buy foreign currency at maturity government bonds indexed value.

WhatsApp chat